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he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >> let's bring in our "news nation" political panel today. john harwood and zachary ca caribel. thank you, gentlemen, for joining me. john, i want to come to you first because i want to play what president obama and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this month than last month, and the unemployment rate as you noted this year has come down very, very slowly. it's come down nonetheless. the reason it came down this year is primarily due to the fact that more and more people have jus
he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >>...
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jack welch, conservative guy, came out and said unbelievable jobs numbers. these chicago guys will do anything. is there any reason for any of us to believe that these numbers might be wrong or cooked or -- >> well, it's a good question. first of all, the most important number is going to be the one that comes out 30 days from now. remember we have one more unemployment rate, unemployment picture that comes out the friday before the election. so that will obviously be the most important one in terms of the outcomes of who wins this election. but, yeah, this was generally a pretty good number. i want to go back to that point. we still have this wide diversion in these two reports in terms of where the employment picture is. one other statistic, if i may, that's not so rosie is when we look at the broad rate of unemployment, which includes people who can't find a full-time job and we include people who have dropped out of the labor force because they've just become discouraged, that number is still 14.7%. that's still a very high number and very economically t
jack welch, conservative guy, came out and said unbelievable jobs numbers. these chicago guys will do anything. is there any reason for any of us to believe that these numbers might be wrong or cooked or -- >> well, it's a good question. first of all, the most important number is going to be the one that comes out 30 days from now. remember we have one more unemployment rate, unemployment picture that comes out the friday before the election. so that will obviously be the most important...
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jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think bls cooked numbers. i think a bunch of dems lied about getting jobs. that would have the same effect. that was from a senior writer at something called the washington examiner, a conservative thing online. eric bolling who is at fox news, he wrote, wow. obama labor department smarter than all 25 of america's top economists. or something far more inside ous. i don't know. then there was this from conservative talk radio host laura ingram. quote, jobs numbers from labor secretary hilda solis are total pro obama propaganda. just looking on twitter you could see the ground swell on the right that th
jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think...
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jack welch should be ashamed of himself. officially the white house, josh earnest, white house spokesman aboard air force one telling reporters just dismissing it out of hand. almost refused to even consider it. >> yeah. right at the top of the show, ph too, jared, he echoed this. see you again. >>> the truth about big bird and pbs. could he become extinct? the numbers straight ahead. >>> plus a few loose screws. the saga of american airlines and how did it all come apart so fast? a speed bump! [ wife ] a beached whale! lawn clippings! a mattress. a sausage link. mermaid. honey!? driftwood. come on, you gotta help us out here a little. [ male announcer ] febreze eliminates odors and leaves carpets fresh. ♪ [ male announcer ] febreze. eliminates odors and leaves carpets fresh. ♪ ♪ lord, you got no reason ♪ you got no right ♪ ♪ i find myself at the wrong place ♪ [ male announcer ] the ram 1500 express. ♪ it says a lot about you. ♪ in a deep, hemi-rumble sort of way. guts. glory. ram. gives you a 50% annual bo
jack welch should be ashamed of himself. officially the white house, josh earnest, white house spokesman aboard air force one telling reporters just dismissing it out of hand. almost refused to even consider it. >> yeah. right at the top of the show, ph too, jared, he echoed this. see you again. >>> the truth about big bird and pbs. could he become extinct? the numbers straight ahead. >>> plus a few loose screws. the saga of american airlines and how did it all come...
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jack welch is almost famous or infamous by now. jack welch, the former ceo of general electric, tweeting out that, you know, the innuendo that the bureau of labor statistics had cooked the books. that was called utter nonsense by the deputy white house spokesman. others, including jared bernstein, who is an economist here until recently in the white house, said that welch should be ashamed of himself. you know, he's sort of out there on an island, jack welch. he was on "hardball" last night and he said he wouldn't take a word back of that tweet, but he admitted he had no evidence the to back it up. again, there are people on both sides of the aisle who are rushing to defend the integrity of the people who get those numbers together every month, melissa. >> the president said the burden is now on congress. what is it that the president now wants congress to do? >> reporter: congress is not coming back until after the election. that is clear. and the first order of business at the lame duck session is what to do about the fiscal clif
jack welch is almost famous or infamous by now. jack welch, the former ceo of general electric, tweeting out that, you know, the innuendo that the bureau of labor statistics had cooked the books. that was called utter nonsense by the deputy white house spokesman. others, including jared bernstein, who is an economist here until recently in the white house, said that welch should be ashamed of himself. you know, he's sort of out there on an island, jack welch. he was on "hardball" last...
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welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking the tweet back, i exaggerated, there are problems, that is like asking the governor, how often do you beat your wife? >> i should have had the question mark on the back of it. let's face it, the fact is, we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them did have a number below 8.1. >> all right, jack welch there, and the next number is due out in just four days before the election. >>> all right, would you believe that a 220 pound teacher is suing, because he said a 60 pound student beat him up. our
welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking...
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jack welch will be the guest of neil cavuto on "your world" next hour. joining us is the author of "rebounders, how winners pivot from set back to success." good to see you. you don't think anyone is cooking the books? >>guest: i never would say this about jack welch, an accomplished business executive but the suggestion is silly. there are a lot of variation in the surveys. we heard about that a few moments ago. what is likely to happen in the next month or two, the numbers are too high or too low and the next set of numbers are revised. they start, the surveys, they come closer to together. there were oddities in the survey. but there are often oddities in the surveys. but this time we are only a month away from the election. >>trace: you look at the numbers, 114,000 jobs added. that is anemic compared to the big picture. but all day you see the big number flash on the screen, 7.8 percent unemployment. if you are in the president's camp, that looks good. >>guest: whether that is legitimate or not he will get the benefit of it for the next month because
jack welch will be the guest of neil cavuto on "your world" next hour. joining us is the author of "rebounders, how winners pivot from set back to success." good to see you. you don't think anyone is cooking the books? >>guest: i never would say this about jack welch, an accomplished business executive but the suggestion is silly. there are a lot of variation in the surveys. we heard about that a few moments ago. what is likely to happen in the next month or two, the...
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next, chris matthews sits down with jack welch. and today's jobs reports. >>> next, what the positive jobs numbers mean for america and this presidential election. stay with us. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. you paid...wow. hmmm. let's see if walmart can help you find the same look for less. okay. see? walmart has all these leading eyewear brands and styles. rockstar! really? yeah. oh, wow! oh, black frame looks good on you. yeah? you can get a complete pair starting at just -- $38. really?! and did you know that our glasses come with a free 12-month replacement guarantee? i didn't know walmart had all this. the price is impressive, the quality is too! come to walmart and see for yourself. find quality eyewear brands starting at just $38. only at walmart. what are they fitting, aliens? >>> e, how convenient th
next, chris matthews sits down with jack welch. and today's jobs reports. >>> next, what the positive jobs numbers mean for america and this presidential election. stay with us. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. you paid...wow. hmmm. let's see if walmart can help you...
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even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the rate for more than 70 years. all based on a survey conducted in person and over the phone of 60,000 households every month. and here is where the numbers get crunched. amid a sea of cubicles, inside of each one, an economist sworn to secrecy and working on a specific aspect of that employment survey. tom is in charge here. he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? you can't call me up and tell me -- >> i can't tell anyone. it's a c
even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the...
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for jack welch to take this here, it's a cruel political joke. talk about normal for someone like jack welch to be taking to twitter and then dumping down on it in interviews and everything else. >> e.j., as joan just said, he doubled down. he was just on "hardball" and chris matthews gave him every opportunity to, you know, land on earth and he doubled down. let me show you what he said. >> jack, do you want to take back the charge? >> no, i don't want to take back one word in that tweet. >> so you would assert, as of now, 5:00 this afternoon, these chicago guys will do everything? >> i didn't say that they did. i said that they would do anything. >> okay. so first of all, e.j., you have been one of the esteemed journalists in this country. the unemployment figures has nothing to do with those that run the white house or in any way politically are connected with either party. i mean, is that right or wrong? >> no, that's totally right. and that's what's really important about this weird story. we really have obama der rangement syndrome going on
for jack welch to take this here, it's a cruel political joke. talk about normal for someone like jack welch to be taking to twitter and then dumping down on it in interviews and everything else. >> e.j., as joan just said, he doubled down. he was just on "hardball" and chris matthews gave him every opportunity to, you know, land on earth and he doubled down. let me show you what he said. >> jack, do you want to take back the charge? >> no, i don't want to take back...
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welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you noticed anything about this number, the estimates of job gains came in the exact amount it was supposed to which should have kept it at 8.2%. the estimates, somehow we got to 7.8%, and the use the most of tiles survey, the household survey. gerri: we will get to that. >> 400,000. gerri: can these numbers be sai's? >> i don't think they can. we have had rumors of bls massaging
welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it....
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yesterday jack welch, the former chairman and ceo of ge, tweeted unbelievable job numbers. these chicago guys will do anything. can't debate, so change numbers. he's obviously very influential man. when he tweets, people listen. is there any way that these kinds of numbers can be manipulated? >> he tweets, people listen, they retweet, they write about it and we certainly talked about it a lon on cnbc. the fact of the matter is the bureau of labor statistics has been calculating this number since 1948. it's a scientific survey. they poll 140,000 businesses. you definitely have a giant sample here. what some people are saying is a possibility is that the type of businesses sampled were ones that were skewed towards jobs added. those place where is they might have add more part-time workers. we also saw a giant jump in the number of people employed from the age group of 20 to 24. the biggest jump since 1964. some of these businesses that employed more young people being pulled? it's unlikely. it's really an issue of how much data you can actually get together in 30 days time.
yesterday jack welch, the former chairman and ceo of ge, tweeted unbelievable job numbers. these chicago guys will do anything. can't debate, so change numbers. he's obviously very influential man. when he tweets, people listen. is there any way that these kinds of numbers can be manipulated? >> he tweets, people listen, they retweet, they write about it and we certainly talked about it a lon on cnbc. the fact of the matter is the bureau of labor statistics has been calculating this...
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jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this morning where he was establishing 1575 and that's quite an upside for 2013 particularly if he's standing by a year-
jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust...
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we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody stays tuned. our fifth story "outfront", gunk. american airlines now says messy passengers are to blame for seats that came loose an at least three recent flights. the airline claims spilled soda and coffee gunked up a seat locking mechanism over time. the incidents forced the airline to take 48 boeing 757 jets out of commission for repairs. what's behind this explanation and does it all add up? william mcghee is the author of attention all passenger, the airline's dangerous decent and how to reclaim our skies. do you buy this? >> no. i think most people feel that the gunk is bunk. >> that al
we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody...
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>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss the first cousin of the birther movement, the jobbers. and a look at america's trust issues next on "now." [ female announcer ] most whitening strips promise full whitening results in two weeks or more. rembrandt® deeply white™ 2 hour whitening kit is proven to quickly remove surface stains and deep stains in just two hours. [ female announcer ] rembrandt® deeply white™: whiten in just 2 hours. >>> shortly after the bureau of labor statistics released the monthly jobs report friday showing the unemployment rate dropping to 7.8% former ge ceo got the jobber conspiracy theory going with a tweet sugges
>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss...
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welch. >> welch is one of america's most rebe inspected former ceo's. so when he tweets, people tend to listen. within minutes of the jobs report he tweeted quote, unbelievable jobs numbers. this chicago guys will do anything, can't debate so change numbers and facing a torrent of criticism for that. welch stopped by his tweet and those numbers. >> this whole number is made up of a whole mess of an assumptions who is participating and who is not working and who is trying to work, but dropped out. all of these things, it just raises the question, oh, i think there ought to be a good discussion about how this number is calculated. >> and most analysts aren't dismissing his crimsism as utterly without evidence and at the same time pointing out that the jobs numbers reflect an obama policy that has the economy stuck in neutral. >> they had full charge of the first two years and the policies that this president put into place actually made it worse, including the fact that obamacare is actually, you ask small employers, it's causing them not to hire because
welch. >> welch is one of america's most rebe inspected former ceo's. so when he tweets, people tend to listen. within minutes of the jobs report he tweeted quote, unbelievable jobs numbers. this chicago guys will do anything, can't debate so change numbers and facing a torrent of criticism for that. welch stopped by his tweet and those numbers. >> this whole number is made up of a whole mess of an assumptions who is participating and who is not working and who is trying to work,...
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. >> jack welch has said today unbelievable job numbers, he tweeted. the chicago guys will do anything, can't debate so they change the numbers. is there any merit to the argument that these numbers aren't quite what they seem? >> i would be very cautious about saying that, piers, unless i had some kind of substantialation to it and of course, we don't want to sound like sour grapes over what is good news for america. somebody would have to show me the facts and then i would be glad to make the argument. >> do you think that either of these things, in the last 24 hours, barack obama's very lackluster, surprisingly poor debate performance, or these job numbers today, do either of them constitute in any form a kind of game change moment? >> i think the debate certainly does. americans watched those debates that may not watch the next two, that saw a mitt romney that was a direct contradiction to the hundreds of millions of dollars worth of attack ads, especially in swing states, that the obama campaign has spent painting mitt romney as some kind of insen
. >> jack welch has said today unbelievable job numbers, he tweeted. the chicago guys will do anything, can't debate so they change the numbers. is there any merit to the argument that these numbers aren't quite what they seem? >> i would be very cautious about saying that, piers, unless i had some kind of substantialation to it and of course, we don't want to sound like sour grapes over what is good news for america. somebody would have to show me the facts and then i would be glad...
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. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people at home where you call anthpele s yes or no and explain how. the other is a survey of employers where they ask are you hiring? that's where the 114,000 number comes om114,000 number might not catch everyone who is working part-time from home or just working part-time or doing some kinds of contract work, so that's why sometimes thercran bwe no, they're noin t bt of bls cooking the books for some political reason. i would bring this one point, suzanne, if they were, wouldn't they have done that after the president gave his speech in charlotte? instead he gave a speech in charlotte, and it was a bad report the
. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people...
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former chairman and ceo of ge jack welch tweeted -- welch was backed in his theorizing by master of the outlandish alan west who wrote -- this is orwellian to say the least and representative of saul au lin ski tactics from the book rules for radicals" a must read for all who want to know how the left strategize. what's that you say, a strengthening work force and recovering economy or wellien indeed. >> they want to slow the economy before the election and if you don't believe that -- >> that was a year and a half ago. >> i have a bridge i want to sell you in oakland. that's what the republicans and obstructionists in congress is about. >> joining us is cnbc's amman jabbers. you're the man with the answers. mitt romney is walking on stage and we'll have to go to him shortly but is it a good day for the american economy or not, tell us? >> it's definitely a good day. the auto sales number was good, consumer confidence up, but we had truthers, birthers and now we've got jobbers, these people who don't believe the government data here and to those people i would quote carl sagan and say e
former chairman and ceo of ge jack welch tweeted -- welch was backed in his theorizing by master of the outlandish alan west who wrote -- this is orwellian to say the least and representative of saul au lin ski tactics from the book rules for radicals" a must read for all who want to know how the left strategize. what's that you say, a strengthening work force and recovering economy or wellien indeed. >> they want to slow the economy before the election and if you don't believe that...
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welch. what does it say about partisanship in the country? >> it says that the partisanship starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the president a boost in the wake of a terrible debate performance. but bottom line, it's a sign that the trend is moving away from the debt sweep we've dealt with. >> let me pick up on that. we heard david kerley say some democrats are saying what debate? how much of a boost does it really give the president, given the lackluster nature of his performance the other night? >> it doesn't give the president a do-over. he still had a lousily first debate. that hurts. it hurts. it's not determinative. ultimately, the
welch. what does it say about partisanship in the country? >> it says that the partisanship starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the...
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do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8% unemployment the lowest since president obama was inaugurated, correct? >> well, let's take a look at those numbers and take a little deeper look and say, for those who are not looking for a job any longer, they're not in the work place. they're not in the work participation. if you were to add those to those numbers, we'd have about 11% unemployment. look, one month of these numbers -- >> that includes people who are retired, correct? >> but let's look at those numbers a little closer again, we're looking at 43 state months of unemployment above 8%.
do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8%...